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economy. it is a member of the g-20. it is one of the leading countries and i know guys have put money into that country who made a lot of money there. >> they're considered one of the fragile five, as we call it. so if we start to see tapering -- right. just like indonesia or india. yes. so that's an issue. >> so either the promise was delivered, but neither the catastrophe that was feared happened in that country when it turned over from white minority rule. >> yeah, no. i mean, i think -- >> it was somewhere in between. >> you're talking to somebody who continued embracing marxist policies -- >> but many people thought the country was going to go all the way down, but that didn't happen. and it didn't happen that -- the social needs versus the free market. >> well, you see, i think he came to learn that it's not about balancing the free market versus social needs, that they often converge. >> he said he had to balance the fears of the white population versus the hopes of the black populatio
economy. it is a member of the g-20. it is one of the leading countries and i know guys have put money into that country who made a lot of money there. >> they're considered one of the fragile five, as we call it. so if we start to see tapering -- right. just like indonesia or india. yes. so that's an issue. >> so either the promise was delivered, but neither the catastrophe that was feared happened in that country when it turned over from white minority rule. >> yeah, no. i...
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Dec 2, 2013
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is a 2% economy you see right now or 3% economy? in your view? >> right between your two numbers, in my view, joe. >> it is? >> yeah. >> so it's okay. we want it to be better, obviously. >> all right,mate. that's what you call each other there, right, mate? see ya. andrew, thanks. >>> coming up, a deadly train derailment in new york yesterday, details at 7:30. and then, what if you could send your kids to college for four years for free? that's the bold approach of the project. ceo ben nelson joins us to talk higher education in a few minutes. she loves a lot of the same things you do. it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your hea
is a 2% economy you see right now or 3% economy? in your view? >> right between your two numbers, in my view, joe. >> it is? >> yeah. >> so it's okay. we want it to be better, obviously. >> all right,mate. that's what you call each other there, right, mate? see ya. andrew, thanks. >>> coming up, a deadly train derailment in new york yesterday, details at 7:30. and then, what if you could send your kids to college for four years for free? that's the bold...
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economy continuing to strengthen. i think the president's numbers will recover and people's confidence will recover. >> then, of course, chuck todd had that great point -- >> that was a good point. >> do we have that clip? here's what chuck todd had to say on "meet the press." he pointed out a freudian slip? >> he made a great point. >> watch this, chuck todd. >> page three of the report it says here that the team is operating with private-sector velocity and effectiveness. okay. that is an acknowledgement that, you know what? if this was a government operation for at that long time and it failed now we're bringing in the private-sector folks. that's an indictment on the whole idea of government as a solution, frankly. >> i'm sorry, i was going to tell robert gibbs that's the first time i've laughed since saturday night. >> private-sector velocity. i have to use that as a descriptive term in the future. they did bring in a lot of people from the private-sector to help fix the problems that we do know, robert. >> absol
economy continuing to strengthen. i think the president's numbers will recover and people's confidence will recover. >> then, of course, chuck todd had that great point -- >> that was a good point. >> do we have that clip? here's what chuck todd had to say on "meet the press." he pointed out a freudian slip? >> he made a great point. >> watch this, chuck todd. >> page three of the report it says here that the team is operating with private-sector...
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Dec 3, 2013
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>> president's het care law continues to wreak havoc on american families small businesses and our economy. it's not just a broken website. this bill is fundamentally flawed. >> and back to the "washington post" report, it did reveal another headache, errors have affected roughly one third of the people who signed up for health plans since october 1st. those errors include failure to notify insurers about new customers, dup my cat enrollments on misinformation. jay carney addressed that report a few minutes ago. >> our general contractor has stood up a team of experts working already closely with issuers to make sure that every a 34 form past and present is accurate. we believe that and our confident that they will be able to ensure that accuracy in time for the january 1st beginning of coverage. >> peter alexander joins me. peter, it is a new day, new tone and we will hear from the president shortly. in a sense, maybe not the icing on the cake but certainly a show of confidence in the last 24 hours. >> reporter: it is a show of some public confidence right now. it's certainly a new tone,
>> president's het care law continues to wreak havoc on american families small businesses and our economy. it's not just a broken website. this bill is fundamentally flawed. >> and back to the "washington post" report, it did reveal another headache, errors have affected roughly one third of the people who signed up for health plans since october 1st. those errors include failure to notify insurers about new customers, dup my cat enrollments on misinformation. jay carney...
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Dec 3, 2013
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the mexican economy is coming on strong. while cheap educated labor and nafta are combining in bringing in a host of german and japanese manufacturers. and they fly to many of the towns where the new plants are being built. management assures me there are going to be many more smaller airports covered soon. they are so cheap they can actually compete with the bus lines, which is the way most people get around in mexico. this stock is a buy. last but not least, let me draw your attention to a new one. navigator holdings. nvgs. you often see wilbur ross on squawk. this shipping company transports liquefied petroleum gases like propane and butane, along with petrochemical gases like ethylene and propylene. navigator just came public two weeks ago. since then the stock has rallied another 5%. production in these liquified petroleum gases is rising rapidly in the united states, as you know, because we talk about it all the time and there is a big demand in east asia and europe. right now navigator has 23 handy-sized ships, with a
the mexican economy is coming on strong. while cheap educated labor and nafta are combining in bringing in a host of german and japanese manufacturers. and they fly to many of the towns where the new plants are being built. management assures me there are going to be many more smaller airports covered soon. they are so cheap they can actually compete with the bus lines, which is the way most people get around in mexico. this stock is a buy. last but not least, let me draw your attention to a...
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you know that the fastest growing economies on the globe are in africa. south africa is the economy that has been stagnant over the course of the last few years following the recession that all of us are struggling to recover from. i will tell you that over 600 american countries on the ground here in south africa are bullish and optimistic about the future here spent a lot of time talking to both investors and young people who were entering the job market here and they are optimistic about the opportunities, but they know there real challenges particularly around education to make certain there is a sustainable economy and the shared prosperity this this country. >> one of the things i want to do with you, you were talking with andrea off camera and i am glad you brought up the cold war point. history and a reminder of what that -- how frankly we were behind the times as a government when it came to dealing with the anti-apartheid movement back in the 80s and how that should make us think certain things today. >> i think the cold war mentality that andre
you know that the fastest growing economies on the globe are in africa. south africa is the economy that has been stagnant over the course of the last few years following the recession that all of us are struggling to recover from. i will tell you that over 600 american countries on the ground here in south africa are bullish and optimistic about the future here spent a lot of time talking to both investors and young people who were entering the job market here and they are optimistic about the...
SFGTV2: San Francisco Government Television
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Dec 4, 2013
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very low density and while industry is still important to san francisco, it's not the driver of the economy in the future. and so that proposal as can you see in the southern part of the southern part of the map was changing the zoning to zoning conditions that allow housing and allow office jobs or other kinds of commercial uses. the build form in soma is not like downtown. buildings are less tall and have more girth, if you will. and so that is kind of what we're trying to replicate in the neighborhood. you can see the height nodes from the map and mostly along the transit stations, but otherwise, we're expecting the support of bigger buildings and is that possible because of the large parcels that reflect its historical industrial nature. finally let's speak to what the build-out could be? so there is already a lot of uses on the ground today. we have a 700 houses unitss and 50,000 jobs in the neighborhood. and just to talk about jobs for a second, the real impetus of this plan is to support job growth. we have done a lot of planning in the planning department for the last ten years for
very low density and while industry is still important to san francisco, it's not the driver of the economy in the future. and so that proposal as can you see in the southern part of the southern part of the map was changing the zoning to zoning conditions that allow housing and allow office jobs or other kinds of commercial uses. the build form in soma is not like downtown. buildings are less tall and have more girth, if you will. and so that is kind of what we're trying to replicate in the...
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making sure our economy works for every working american. that's why i ran for president. >> you know, i do think that this is the issue that sort of most motivates this president. how do you think his time in office will be judged in terms of what he's done to alleviate inequality? >> you know, so far his presidency has not been great for lower income folks. but he has time now. you know, part of that is the fed has helped wall street while main street has continued to suffer. the obama care bill has helped big pharma and insurance companies. and there hasn't been a lot of focus on closing looploopholes. i think this speech, if it does signal the beginning of a new, sustained focus for him, could be hopefully a turning point because we do need as a country moral leadership like the kind that the president could provide to focus on this problem, and it doesn't have to be a zero-sum game between left and right, democrat and republican. i have written a lot about how republicans have been terrible at even talking about the problem of poverty,
making sure our economy works for every working american. that's why i ran for president. >> you know, i do think that this is the issue that sort of most motivates this president. how do you think his time in office will be judged in terms of what he's done to alleviate inequality? >> you know, so far his presidency has not been great for lower income folks. but he has time now. you know, part of that is the fed has helped wall street while main street has continued to suffer. the...
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Dec 7, 2013
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one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions you typically see new business startups accelerate. this is the only recovery i've seen back to the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during the obama so called recovery they got 93%. so the rich have all these special deals which is helping them get more money while the poor are losing. >> i hear what you are saying. here's the thing. we see time and a
one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions you typically see new business startups accelerate. this is the only recovery i've seen back to the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be...
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, to address these problems. >> and despite their efforts, the economy's actually growing. the biggest problem, though, unfortunately, main street isn't feeling it. how do we have a conversation on poverty? that's a reason why the president's conversation is refreshing because he acknowledged a biggest principles that's holding us back, lack of information with equal education and access for everyone. >> you know, joe, i wanted to share pugh took a look at why are people poor? not surprisingly -- disappointingly not surprisingly, democrats said because of uncontrollable circumstances and 24% said lack of effort. for republicans, it was about exactly the reverse. 28% said uncontrollable circumstances versus 57% who said lack of effort. so, that is, of course, why the fake war on christmas that bill o'reilly is choosing to talk about is, you know, semantics rather than these issues of makers and takers, right? >> yeah. absolutely. and this whole thing of christmas versus holiday really is a distraction. it's a diversion from the statistics that you just pointed out. look. let
, to address these problems. >> and despite their efforts, the economy's actually growing. the biggest problem, though, unfortunately, main street isn't feeling it. how do we have a conversation on poverty? that's a reason why the president's conversation is refreshing because he acknowledged a biggest principles that's holding us back, lack of information with equal education and access for everyone. >> you know, joe, i wanted to share pugh took a look at why are people poor? not...
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. >> they said the economy's supposed to grow, according to baron's. it was supposed to grow 1.7% -- >> or find another bin laden. >> this might change everything this is david fluff, is that his name, david fluff? >> close enough. >> on this week talking about when we expect obama care to work. i think this is a bright part of the rainbow, whatever that means. >> may take until 2017 when this president leaves office. you're going to see almost every state in this country running their exchanges and expanding medicaid. i think it will work really well then. >> there you go, 2017. that's right around the corner, kids. >> it's going to be awesome when he's out of office, that's what he's saying. >> if we just believe in the greater good, this will work out. >> just remember, it took medicare a good six or seven years before it got settled down to work. >> now it works. >> don't you think it does? >> no. >> you want to privatize it, don't you? >> i would like to. >> that's not what paul ryan says. >> let's not minimize what it is. i'm saying let people ke
. >> they said the economy's supposed to grow, according to baron's. it was supposed to grow 1.7% -- >> or find another bin laden. >> this might change everything this is david fluff, is that his name, david fluff? >> close enough. >> on this week talking about when we expect obama care to work. i think this is a bright part of the rainbow, whatever that means. >> may take until 2017 when this president leaves office. you're going to see almost every state in...
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gradual improvement in the economy. the key point here is can janet yellen, convince everyone that tapering is not tightening. that's what we might hear very much on that. >> that's what we need to do. >> tapering is not happening in december or january. >> under any starncircumstance s i expect them to lay the groundwork to make a clearer delineation. >> let's head to dominic chu for a market flash. >> check out shares the stock at session highs. the company says a late stage trial of its experimental hepatitis c therapy showed 96% of patients in the study showed improvement. yesterday gilead sciences had its own pill approved by the fda. it is considered by industry analysts to be the leader in the all oral hepatitis field expected to reap billions in annual sales. its stock is moving lower so competition perhaps having a hand in that trade. >> dominic, thank you very much. more wintry weather hitting the northeast. three to six inches of snow expected in some parts including the metro area of new york. weather channe
gradual improvement in the economy. the key point here is can janet yellen, convince everyone that tapering is not tightening. that's what we might hear very much on that. >> that's what we need to do. >> tapering is not happening in december or january. >> under any starncircumstance s i expect them to lay the groundwork to make a clearer delineation. >> let's head to dominic chu for a market flash. >> check out shares the stock at session highs. the company says...
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Dec 3, 2013
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their economy is growing better. but when it comes to health care, they come across the border. >> well, the wealthy and those that can afford to come across the border do. but those that can't get access to health care in america are stuck in emergency rooms with high temperatures waiting to get their children taken care of. i concede this is a mess. we may have tried too much too fast and on a partisan basis. i've said we should hit the reset button and open ourselves up to new ideas. and larry kudlow always has new ideas, even if they're conservative. >> i appreciate that and appreciate your honesty. republicans are licking their chops about the elections coming up in 2014, roughly a year from now. we're going to talk more about that later in the show. what i want to ask you is, what can you do for a simple, transparent, compassionate response to the breakdown of obama care? i have an answer. but i want you to go first. >> well, with any health reform proposal, we have to look first at the root cause of the proble
their economy is growing better. but when it comes to health care, they come across the border. >> well, the wealthy and those that can afford to come across the border do. but those that can't get access to health care in america are stuck in emergency rooms with high temperatures waiting to get their children taken care of. i concede this is a mess. we may have tried too much too fast and on a partisan basis. i've said we should hit the reset button and open ourselves up to new ideas....
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david, what does this say about the economies and the taper, if that happens, over the past week or so? obviously it's been a great year, but the past five days have been not so great. what's the market telling you? >> well, this is really consistent with the consolidation and small pullbacks we've seen over the last few months. really we think this will be short-lived and we look forward to a year-end rally and another strong year in 2014. >> so what do you think the market is reacting to? just the fact that prices had run up so far and people want to get some money off the table and take some profits? is it, as joe was saying off camera, a taper tantrum or what. >> i think to call it a tantrum is a little strong. you're seeing markets just a couple percentage points off their highs. so this is more has to do with the market digesting the recent gains and also expecting some tapering in 2014. but we don't think it's going to be severe, and we think the market's going to increase with the taper, and it's a reflection, as joe said, in stronger economic growth looking forward. >> joe, do
david, what does this say about the economies and the taper, if that happens, over the past week or so? obviously it's been a great year, but the past five days have been not so great. what's the market telling you? >> well, this is really consistent with the consolidation and small pullbacks we've seen over the last few months. really we think this will be short-lived and we look forward to a year-end rally and another strong year in 2014. >> so what do you think the market is...
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. >> if they thought they could control that much of the economy and that much of the policy board, i would see them aiming at that. i think they short term hope that happens. but with 1.5 million people being told they qualify for medicaid, with thousands signing up. with more people signing up for obama care in the last two days than the first whole month of the program, i think the train is out of the station, i think it will be politically influx -- >> rachel, the debate has just changed. you know, when the conversation was only about the inability to get on line, and there was confusion out there, 85% of americans don't need to be concerned with going on line. i will say you have insurance through your employer, nothing is going to change for you. so i think the confusion has really been a detriment. i am from pennsylvania, we don't have our exchange, i probably would have more than two dozen choices. if our governor had cooperated, i think in addition to aetna and in addition to blue cross i would be looking for more solutions. in the end, people say what does it mean to me, i c
. >> if they thought they could control that much of the economy and that much of the policy board, i would see them aiming at that. i think they short term hope that happens. but with 1.5 million people being told they qualify for medicaid, with thousands signing up. with more people signing up for obama care in the last two days than the first whole month of the program, i think the train is out of the station, i think it will be politically influx -- >> rachel, the debate has...
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Dec 10, 2013
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they need to facilitate the economy. they need to be a port in the storm. but, no, they can't have a casino inside the bank. so, from that standpoint, bank ceos are put on notice. if you have a large bank with the proprietary trading loss over the next few months or couple of years, that ceo's job could be more at risk than ever before. >> but i think kate's take was that there's many, many loopholes here. some of the rules are quite subjective. would you agree with that? >> anytime a regulation like this becomes as precise as the volcker rule has become, there's always ways for many smart bankers and lawyers to get around it. i much prefer principle-based regulation. i mean, the principals can guide what happened. there will be ways around it. having said that the ceo needs to attest that they're not taking big proprietary bets. so i think if after the fact you have a big loss, banks don't get off so easily here. >> so let's get -- you know, now that this is on the table, we know what we're dealing with, many banks have been, you know, gearing up to deal w
they need to facilitate the economy. they need to be a port in the storm. but, no, they can't have a casino inside the bank. so, from that standpoint, bank ceos are put on notice. if you have a large bank with the proprietary trading loss over the next few months or couple of years, that ceo's job could be more at risk than ever before. >> but i think kate's take was that there's many, many loopholes here. some of the rules are quite subjective. would you agree with that? >> anytime...
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward thinking of conciliation, of forgiveness and of love for all is something that has touched so many people and it has been something that has brought people towards him and brought people together. on the morning of february 11th, 1990 i was with a group of photographers. we had gotten to the prison very early that morning. at one point in the early afternoon, i will never forget suddenly about five helicopters began to descend right over the back of this prison and suddenly there were screams that came in all directions of excitement. and i knew that something very important was about to happen. i
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward...
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only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> some say president obama who revved up a democratic crowd today that called for lifting up the poor and raising the minimum wage, jim acosta watched it today. >> just as the president is trying to fiction the obama care brand, he is working on the obama brand. it is not just obama care. >>> president obama was on a mission to fire up his base. >> he laid out a decidedly progressive second term agenda. calling for a raise in the money mum wage from $7.25 to $10 an hour. he casted republicans as a scrouge if they stand in the way. >> it will happen if congress does not act before they leave on their holiday vacation. >> sources leaked out new enrollment numbers, some $29,000 signing up in the first two days in december. republicans argue that's not fast enough to enroll the millions of americans who have seen their policies cancel. >> what will these patients and families do when they show up at the hospital or need to reorder a life saving prescription on new year's day
only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> some say president obama who revved up a democratic crowd today that called for lifting up the poor and raising the minimum wage, jim acosta watched it today. >> just as the president is trying to fiction the obama care brand, he is working on the obama brand. it is not just obama care. >>> president obama was on a mission to fire up his base. >> he laid out a decidedly progressive...
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Dec 6, 2013
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it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with michael. i think the numbers have been improving all week nothing but good numbers here and starting out with the key 3 gdp, inventory bills. >> strengthening. record auto sales in november, the jobs numbers are very good here today, housing retail, everything looks good and we've been saying all along we think we're going to be tapering into strength and the market is going to see through that. i think we're using 120 next year for s&p earnings, still high relative to the street, but i think people are starting to see that as a real possibility and stocks are trading at 15 times next year relative to everything else you have
it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with...
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but the economy is better. >> and the economy is better. i agree with you on that. >> you're not taking my trade? you're not taking my trade. >> i'm taking your trade -- >> 10 bucks of qe you give me a dollar a growth. >> and i'll throw one more angle at that. >> you finance it and give me a year, and i'm with it. >> why is profitability the only thing that matters? what if we actually get global economic growth as qe is tapering off. what if we get sales growth? remember that? what if not everything was about buybacks and dividends, but actually people got excited about wages going up, better employment. >> from your lips to god's ears. >> i'm not saying it's in the bag. i'm saying that it is a possibility. it shouldn't be completely ruled out when you have every central bank on earth throwing as many dollars as they can into the system, don't be shocked if wages tick up and if people start to spend more money. it's entirely possible. >> steve, we'll be watching closely tomorrow morning. we'll see what happens, especially on the heels of t
but the economy is better. >> and the economy is better. i agree with you on that. >> you're not taking my trade? you're not taking my trade. >> i'm taking your trade -- >> 10 bucks of qe you give me a dollar a growth. >> and i'll throw one more angle at that. >> you finance it and give me a year, and i'm with it. >> why is profitability the only thing that matters? what if we actually get global economic growth as qe is tapering off. what if we get...
SFGTV: San Francisco Government Television
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help the social service organizations to help and we'll continue to ask people to do that while our economy is a prosperous we need to help each other out. this is a wonderful city we exhibited that last month with the bad kid in our city and even on a more daily basis. i want to remind everybody about the typhoon is still with us with a filipino-american community we're asking ourselves owe everyone else to continue to be the global city and give all you can too >> thank you. next speaker, please. >> help folks that devastation will last year's. thank you, everybody and happy holidays and thaegz and keep sharing with your hearts >> thank you, mr. mayor. we appreciated our being here you're so loyal to the salvation army now i know why. some fast food facts pr 4 thousand meals are served to the search and seizures and soot shut in 3 hundred deliver routes and 45 hundred pound of turkey. are put together for the dinner 8 hundred pounds the green beans and 1 thousand 80 pound of miami. none of the preparations none of them disrupted the meals that everyday we've received for our participants
help the social service organizations to help and we'll continue to ask people to do that while our economy is a prosperous we need to help each other out. this is a wonderful city we exhibited that last month with the bad kid in our city and even on a more daily basis. i want to remind everybody about the typhoon is still with us with a filipino-american community we're asking ourselves owe everyone else to continue to be the global city and give all you can too >> thank you. next...
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Dec 2, 2013
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a day later, it was a nod to the economy. the president promoting small business saturday by gift shopping at a local washington bookstore with the first daughters. and maybe it's the holiday season, but in an interview with abc's barbara walters on friday night, the president was downright optimistic, despite the fact -- despite facing the grinch-like poll numbers of his presidency. saying, quote, the good thing when you're down is usually you've got nowhere to go but up. let's get right to our panel here in new york, msnbc political analyst, jonathan alder, and in washington, msnbc analyst and former rnc chairman, michael steele. and who is never grinchly, michael steele. >> no, never. >> in the spirit of the holiday season, i would like you to tell us, as we're 11 or 12 days before the next recess, what have the republican members of congress, other than throwing a lot of shade at healthcare.gov, what have they fliaccomplished 2013? >> not a lot. that's obvious. this congress has done very, very little. there are eight wor
a day later, it was a nod to the economy. the president promoting small business saturday by gift shopping at a local washington bookstore with the first daughters. and maybe it's the holiday season, but in an interview with abc's barbara walters on friday night, the president was downright optimistic, despite the fact -- despite facing the grinch-like poll numbers of his presidency. saying, quote, the good thing when you're down is usually you've got nowhere to go but up. let's get right to...
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Dec 6, 2013
12/13
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CNBC
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is that just because the economy really is booming down there? >> well, we're fortunate to be in texas for one thing, obviously. but it's more than that, it's real execution. and kind of a secret to our success, whatever success we've had, frankly, is finding the right people to execute for you. and we work hard at hiring teams from other competing organizations that can bring their business with them, and that's the organic growth we get. as you said, we haven't bought a financial institution ever. >> so this is one of the things also where you're a local bank for a state and not some out of towner? >> yes. that's exactly right, and i think that helps us too. we work hard at being local home fella to be able to do business with people that bank in texas, and we've expanded a little bit. you mentioned the mortgage warehouse business and a couple of other national businesses outside the state. but probably about 90% of our business is related to texas. >> let's talk about what is strong. we heard from one of the most -- biggest stocks today, a ret
is that just because the economy really is booming down there? >> well, we're fortunate to be in texas for one thing, obviously. but it's more than that, it's real execution. and kind of a secret to our success, whatever success we've had, frankly, is finding the right people to execute for you. and we work hard at hiring teams from other competing organizations that can bring their business with them, and that's the organic growth we get. as you said, we haven't bought a financial...
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Dec 3, 2013
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you talked about growing the economy, about ten times in a five minute interview. that really is the challenge, is it not, for both parties? we have all these ideological battles, you look at real wages going down every year since 1973. you look at job growth struggling. that's the real challenge for republicans and democrats moving forward. >> that's why the 47% comments governor romney made so devastating in that campaign, the plans to grow the economy to give people an opportunity to climb the ladder, church hill said the difference between the left and right the left offers the line, the right offers the ladder. for republicans we need to tell a story how you climb that ladder, how you create opportunity, how you come up to the middle class in this country again. and fundamentally important if we're to be successful. >> the book is "the new democrats and return to power." al from thank you so much. we're watching major weather changes moving across the country and it could impact travel. bill karins tracking a serious winter storm. "morning joe" will be right b
you talked about growing the economy, about ten times in a five minute interview. that really is the challenge, is it not, for both parties? we have all these ideological battles, you look at real wages going down every year since 1973. you look at job growth struggling. that's the real challenge for republicans and democrats moving forward. >> that's why the 47% comments governor romney made so devastating in that campaign, the plans to grow the economy to give people an opportunity to...
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Dec 8, 2013
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we know we don't have the skill set in our economy. there is just another report this past week about where america stands when it comes to the rest of the world in terms of educational skills. we have a lot of work to be done. so these are decimal points we're talking about. it's not really dealing with the larger, big picture issue about the american economy. >> katty kay, a final point on this? the president talked about a minimum wage hike this week, and it's just not going to happen. it's not going to happen if you look at the current political climate. so a lot of these things still go unaddressed. >> he was out making a political pitch this week, but you have individual states, individual cities that are doing things on the minimum wage, but we have the prospect of unemployment benefits being rescinded the beginning of next year. that could again have another knock-on effect of growth if people are not getting that kind of money. the underlying issues of this economy are still fragile at the moment, and the political consensus i
we know we don't have the skill set in our economy. there is just another report this past week about where america stands when it comes to the rest of the world in terms of educational skills. we have a lot of work to be done. so these are decimal points we're talking about. it's not really dealing with the larger, big picture issue about the american economy. >> katty kay, a final point on this? the president talked about a minimum wage hike this week, and it's just not going to happen....
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Dec 5, 2013
12/13
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blame it on a new bach of positive reports on jobs, housing and the upbeat survey on the economy. the take away for investors, the fed will taper back stimulus plans and that might not be good for the markets. all this comes just two days before the release of the monthly jobs report. a key data point for central bank policy makers. it's no wonder stock averages between gains and losses and finally ending mostly in the red for the day. the dow lost 25 but down as much as 125 earlier in the day and the nasdaq edged up a fraction and s&p fell two points. the same concerns about the fed's next move sent the yield on the benchmark treasury note above 2.8%, the highest since september. >> how does the federal reserve see the economy right now as it prepares for the next policy meeting next month? steve liesman looks at the beige book survey and what that, along with this friday's november jobs report, could mean for the future of its stimulus program. >> reporter: some strong employment data today raising prospects for better job growth and less stimulus. adp in a much followed monthly
blame it on a new bach of positive reports on jobs, housing and the upbeat survey on the economy. the take away for investors, the fed will taper back stimulus plans and that might not be good for the markets. all this comes just two days before the release of the monthly jobs report. a key data point for central bank policy makers. it's no wonder stock averages between gains and losses and finally ending mostly in the red for the day. the dow lost 25 but down as much as 125 earlier in the day...
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america's economy, what about this great? this seems to be contrary you would think that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive an right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time, one that is difficult to store with wind and solar. gerri: we know it is more expensive, we are paying for them and the taxpayers are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technil issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and on
america's economy, what about this great? this seems to be contrary you would think that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive an right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time,...
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Dec 6, 2013
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and south africa, we see it as the largest economy, second largest economy on the continent. but it's a young democracy. it's taking those baby steps. it'll only be 20 years in 2014 that it has been a democracy. now, that doesn't mean that you forgive some of the missteps, but you go in there and work on them and find people who can hold people accountable. and i think that's where it's important for that country as well as in the countries relating to mandela to relate to his country and to help them realize the life of mandela. now it's up to those who are celebrating him today to tomorrow realize that dream, help realize that dream. >> great leadership is all about casting the vision. calling people to rise up to be better than they know how to be. certainly as you point out, that road map, the blueprint, it's there. charlayne hunter-gault, reverend al sharpton, great to see you. among those reacting to mandela's death is muhammad ali. he said he was a spirit born free destined to soar above the rainbows. today his spirit is soaring through the heavens. he is now forever f
and south africa, we see it as the largest economy, second largest economy on the continent. but it's a young democracy. it's taking those baby steps. it'll only be 20 years in 2014 that it has been a democracy. now, that doesn't mean that you forgive some of the missteps, but you go in there and work on them and find people who can hold people accountable. and i think that's where it's important for that country as well as in the countries relating to mandela to relate to his country and to...
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economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement is now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his own report to show that in fact those numbers are deceptive yeah george osborne is thought so much a clown as he is one of these french minds and but he speaks which is kind of interesting for a mind he's more of a friend of mine it's a path to mine show and he believes that these numbers do not tell the truth these
economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement is now at two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers' overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped...
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Dec 10, 2013
12/13
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KQED
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economy. we've got big head winds from europe, from the currency, from ongoing deleveraging from households, we need to provide a lot of stimulus. but that stimulus can create risk. you mentioned the housing market, that's one example. we need to take other steps in order to reduce those risks. manage those risks, mitigate those risks and if we -- because if we don't we're going to create bigger problems down the road or we're going to have to pull back too soon on monetary policy which is the last thing we want to do. >> rose: we conclude with michael dell who just completed taking his company private. >> what i will say is that i'm very proud that during the time our company was public our stock appreciated over 13,500%, which was 27 times the amount of the s&p 500 during that same period. so, yeah, we missed something. everybody misses some things but we built one heck of a business. it's still one heck of a business and now it's growing at double digit rates and we're investing for the fut
economy. we've got big head winds from europe, from the currency, from ongoing deleveraging from households, we need to provide a lot of stimulus. but that stimulus can create risk. you mentioned the housing market, that's one example. we need to take other steps in order to reduce those risks. manage those risks, mitigate those risks and if we -- because if we don't we're going to create bigger problems down the road or we're going to have to pull back too soon on monetary policy which is the...
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Dec 4, 2013
12/13
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CNBC
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opposite the case, as the economy improves should we like stocks more? it's a first-class quandary that we have to dive into headlong on "mad money" if we're going to figure out the market's move. it's distracted and a parlor game and we find you the best stocks and the best opportunities. the only focus on the fed's next move the last three years, you missed some of the single best moments to invest in our lifetimes. i regard that as terrible. i regard it as shameful because this fed-centric world presumes that the market is one big stock that is sent higher or lower by ben bernanke and janet yellin and it's the market as a marionette. my favorite credo is the opposite. the stocks represent companies and the companies march to many different drum e not just the fed drummer. some companies do better than higher interest rates and like the minerals and oils and most important, many companies do better because their managements are smart or incentive to create value. if you spend all of your time waiting for the fed to tell you what to do -- you missed so
opposite the case, as the economy improves should we like stocks more? it's a first-class quandary that we have to dive into headlong on "mad money" if we're going to figure out the market's move. it's distracted and a parlor game and we find you the best stocks and the best opportunities. the only focus on the fed's next move the last three years, you missed some of the single best moments to invest in our lifetimes. i regard that as terrible. i regard it as shameful because this...
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Dec 3, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. and you work hard to get to the next level. it feels good when you reach point b, but you're not done. for you, "b" is not the end. capella university will take you further, because our competency-based curriculum gives you skills you can apply immediately, to move your career forward. to your point "c." capella university. start your journey at capella.edu. store and essentially they just get sold something. we provide the exact individualization that your body needs. it's the ultimate sale on the bed clinically proven to improve sleep quality. the sleep number bed. once you experience it, there's no going back. for two days only, queen mattresses start at just $599.99. and save 50% on limited edition innovation or mem
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. and you work hard to get to the next level. it feels good when you reach point b, but you're not done. for you, "b" is not the end. capella...
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Dec 8, 2013
12/13
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KCSM
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the global economy. it is so great people you need is a milestone for the wto. it marks the organization's first global trade deal since its creation in nineteen ninety five for the first time in our history the wto has truly the limit the deal will lower trade barriers and speed up the passage of goods through customs. most importantly its terms apply not just to reach industrialized states and also the poor developing countries. analysts estimate it could boost the global economy by hundreds of billions of dollars. we have achieved something very significant. people all roam the world will benefit from the beckett who have delivered here today. but some critics say the agreement could prevent or countries from setting their own priority areas like environmental protection workers rights and food security. negotiations dragged into an extra day after last minute legal threats from individual countries. he objected to the removal of a reference to the us trade embargo and india objected to provisions that might stop it from stockpiling subsidized grain to feed f
the global economy. it is so great people you need is a milestone for the wto. it marks the organization's first global trade deal since its creation in nineteen ninety five for the first time in our history the wto has truly the limit the deal will lower trade barriers and speed up the passage of goods through customs. most importantly its terms apply not just to reach industrialized states and also the poor developing countries. analysts estimate it could boost the global economy by hundreds...
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Dec 4, 2013
12/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. combinations of your favorite seafood from lobster to crab, shrimp and mussels in a savory broth. try one today, and sea food differently. now, try seven lunch choices at $7.99. sandwiches, salads and more. the day building a play set begins with a surprise twinge of back pain... and a choice. take up to 4 advil in a day or 2 aleve for all day relief. [ male announcer ] that's handy. ♪ >>> debunktion junction, what's my function? true or false? obama care does not, i repeat, does not cover babies? exhibit a, when this man tried to get insurance for his family, he was told he could buy a plan for his wife and himself and three young children, but his youngest child was out in the cold. obama care does not cover babies.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. combinations of your favorite seafood from lobster to crab, shrimp and mussels in a savory broth. try one today, and sea food differently. now, try seven...
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market but probably as the economy froze. >> and, there you go. maybe it is overseas and look who they're competing with overseas. this industry might finally be right-sized. delta, united, now american having consummated mergers that make them what looks like pretty solid. take a look at the stock, not only of those guys but look at the stock today of the new american. ticker symbol aal. no more amr. today that closed up about 3% last i saw. i think that's what it was. that is not a bad day for a first day out of bankruptcy for a new company. at o'hare a lot of people waiting. glad it is not me today. cheryl: now the fun part begins. that is integration and doug parker saying they certainly learned from the mistakes that united and continental made. jeff, you had a front row seat yourself. >> and themselves. david: and overseas. great interview, it was terrific. regulations over there are so much more onerous in many way that is than regulations here. it's a tough deal for airlines. cheryl: funny he said international. david: they will need to go
market but probably as the economy froze. >> and, there you go. maybe it is overseas and look who they're competing with overseas. this industry might finally be right-sized. delta, united, now american having consummated mergers that make them what looks like pretty solid. take a look at the stock, not only of those guys but look at the stock today of the new american. ticker symbol aal. no more amr. today that closed up about 3% last i saw. i think that's what it was. that is not a bad...